On Friday 25th October 2024, investors and market participants can expect the release of Centene Corporation (NYSE: CNC) third quarter financial results. This crucial announcement will be made before market open.
The financial experts on Wall Street are predicting that the concern will likely report an estimated $1.38 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $37.7 billion revenue during the quarter.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $155.63 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $6.82 during the fiscal year.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $2. This significant amount was the outcome of the company's total revenue, which reached an impressive $38.04 billion during that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.42 | +15.2% | 39.84 B | +5.9% |
| Q1 2024 | $2.26 | +7.1% | 40.41 B | +3.9% |
| Q4 2023 | $0.45 | -47.7% | 39.46 B | +11.0% |
| Q3 2023 | $2.00 | +53.8% | 38.04 B | +6.1% |
| Q2 2023 | $2.10 | +18.6% | 37.61 B | +4.7% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 25th October 2024 at 08:30 AM eastern time, in a conference call with public.
Centene Corporation (CNC) closed Wednesday's regular trading session at $59.82, demonstrating a 2.03 percent drop. During the day, CNC shares traded between $59.77 and $61.49, with a day volume of 6.31 million shares.
